Top Payment Gateways-An important feature in eCommerce web hosting is the ability to get top payment gateways. Top payment gateways are crucial to accepting payments on eCommerce web sites. Best eCommerce Web Host will talk about the top payment gateways.

Payment gateways are how electronic transactions get conducted on eCommerce websites. Think of payment gateways as the way that the customer gets in touch with you and you get in touch with the banks. Payment gateways are the equivalent of point of sale terminals at retail locations. Whenever you start an eCommerce web site, you should be signing up for payment gateways.

Why are payment gateways so important? Payment gateways protect credit cards by encrypting sensitive information contained on the credit card. That information includes the credit card number, bank information, and personal information. Payment gateways play a key role in the process of passing information from the customer to the merchant to the bank in a secure fashion.

How do payment gateways work? Here is a typical eCommerce purchase using one of the top payment gateways:

• Order is placed online via SSL encryption.
• Merchant forwards the transaction details to their payment gateway.
• The payment gateway forwards the transaction to the issuing card company (Visa, MasterCard…)
• Transaction is then forwarded to the bank via the card company.
• Bank then responds back with a response code. This code can include whether or not the transaction was accepted or declined.
• Payment gateway receives the response code and forwards it to the original website.

While this seems like a lengthy process, think of how long it takes you at a retail store. Not to long, in fact it can take as little as two seconds to get a response code. The merchant will receive money in about three days after shipping the product.

As you can see payment gateways are very important to eCommerce websites. With so many companies claiming to have the top payment gateways, who can you trust? Best eCommerce Web Host! Best eCommerce Web Host loves Autorize.net and thinks they are one of the top payment gateways.

Authorize.net is trusted by more than 238,000 business websites owners to provide transactions. Authorize.net allows you to accept all major credit cards, echecks, gift cards, signature debits, and internet auctions. They offer a full featured merchant interface which allows you to monitor and control payments through your site. Using the top of the line security measures, you can have complete faith in Authorize.net to process your transactions safely.

Check out Authorize.net and get signed up with one of the best payment gateways!

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